Piney Point, MD is an attractive area for potential homeowners due to the median value of housing being significantly higher than the national median value. The US House Median Value is $338,100 while the median housing value in Piney Point, MD is $422,800. Additionally, while the US 1 year House Appreciation rate is 8.27%, the house 1 year appreciation rate in Piney Point, MD is 7.62%. These figures make Piney Point a great place for people looking to invest in real estate and make it their home.
The median home cost in Piney Point is $422,800. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Piney Point is up 12.7%.
Average Age of Homes
- The median age of Piney Point real estate is 51 years old
The Rental Market in Piney Point
- Renters make up 9.0% of the Piney Point population
- 0.0% of houses and apartments in Piney Point, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.